The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History
Free Shipping Included! The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History by Blackstone Audio, Inc. at Spring Brook Audio. Hurry! Limited time offer. Offer valid only while supplies last.
Product Description & Reviews
[Audiobook CD Library Edition in vinyl case.][Read by Traber Burns] During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement and how the entire financial industry -- and even the entire country -- lost its way as well. Kirsten Grind's The Lost Bank is a magisterial and gripping account of these events, tracing the cultural shifts, the cockamamie financial engineering, and the hubris and avarice that made this incredible story possible. The men and women who become the central players in this tragedy -- the regulators and the bankers, the home buyers and the lenders, the number crunchers and the shareholders -- are heroes and villains, perpetrators and victims, often switching roles with one another as the drama unfolds. Reporting for the Puget Sound Business Journal, Grind covered the story from the beginning. It was a story set far from the epicenters of finance and media, happening largely in places such as the suburban homes of central California and the office buildings of Seattle, but the clarity and depth of Grind's work earned her many awards, including being named a finalist for the Pulitzer Prize and the Gerald Loeb Award. She takes readers into boardrooms and bedrooms, revealing the power struggles that pitted regulators at the Office of Thrift Supervision and the FDIC against one another and the predatory negotiations of investment bankers and lawyers who enriched themselves during the bank's rise and then devoured the decimated bank in its final days. Written as compellingly as the finest fiction, The Lost Bank makes it clear that the collapse of Washington Mutual was not just the largest bank failure in American history. It is a story of talismanic qualities, reflecting the incredible rise and the precipitous collapse of not only an institution but of trust, fortunes, and the marketplaces for risk across the world. Amazon Best Books of the Month, June 2012: The collapse of Washington Mutual in September 2008 was the largest bank failure in U.S. history and a symbolic casualty of America’s unfolding financial crisis. Wall Street Journal reporter Kristen Grind provides a fascinating fly-on-the-boardroom-wall account of the bank’s final hours, and takes us back through the history of what started as a quirky, familial savings and loan and became a byword for America’s financial malfunction. This is no tedious, dry retelling of a story we’ve heard hundreds of times in the last four years—Grind masterfully explains even the most complex financial concepts and has a natural talent for ferreting out tiny but humanizing details. Grind has already received numerous awards for her coverage of WaMu’s mighty fall, and The Lost Bank stands beside The Big Short and Too Big to Fail as required reading for students of the Great Recession. --Juliet Disparte
Features & Highlights
|Manufacturer:||Blackstone Audio, Inc.|
|Publisher:||Blackstone Audio, Inc.|
|Studio:||Blackstone Audio, Inc.|
|Item Weight:||0.85 pounds|
|Item Size:||1.25 x 6 x 6 inches|
|Package Weight:||0.85 pounds|
|Package Size:||6.1 x 1.2 x 1.2 inches|
Have questions about this item, or would like to inquire about a custom or bulk order?
If you have any questions about this product by Blackstone Audio, Inc., contact us by completing and submitting the form below. If you are looking for a specif part number, please include it with your message.
Related Best Sellers
By Tantor Audio
ean: 9781494503239, isbn: 1494503239,
Culled from original presidential archival documents, All the Presidents' Bankers delivers an explosive account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics-or greed driving bankers. Nomi Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and protege
By Brilliance Audio
ean: 9781501260872, isbn: 1501260871,
By World Bank Publications
ean: 9780821350775, isbn: 0821350773,
TradeCAN 2002 is a comprehensive database and versatile toolbox for the analysis of the competitiveness of nations. It is based on the official UN international trade statistics, using the 4-digit standard international trade classification. It covers the period 1985-2000 for all exporter countries in the world. Around the central concept of 'market share,' TradeCAN offers novel indicators of the quality, structure and performance of international trade specialization of nations.TradeCAN 2002
By Brilliance Audio
ean: 9781511357685, isbn: 1511357681,
The technology likely to have the greatest impact on the future of the world economy has arrived, and it’s not self-driving cars, solar energy, or artificial intelligence.It’s called the blockchain.The first generation of the digital revolution brought us the Internet of information. The second generation—powered by blockchain technology—is bringing us the Internet of value: a new, distributed platform that can help us reshape the world of business and transform the old order of human
By Blackstone Audio
ean: 9781482928617, isbn: 1482928612,
[LIBRARY EDITION Audiobook CD format in sturdy Vinyl Case with cloth sleeves that keep compact discs protected.] [Read by Robertson Dean] *Winner of the National Book Award and now considered a classic, The House of Morgan is the most ambitious history ever written about an American banking dynasty. Acclaimed by the Wall Street Journal as ''brilliantly researched and written,'' the book tells the rich, panoramic story of four generations of Morgans and the powerful, secretive firms they
By Books on Tape
ean: 9781415944202, isbn: 1415944202,
unabridged on 16 perfect CDS in valuable library, hardbox edition. Shipped daily. In his 40th year as Federal Reserve Board, in the immediate aftermath of 9/11, Greenspan took part in a quiet collective effort to ensure that America didn't experience an economic meltdown, taking the rest of the world with it. . Greenspan reflects on the new world since 9/11 and how little changed.
Great listen. Perfect for your permanent audio library.